USD/IDR trades -5 pips at 14,915,........>

DOLLAR-IDR: USD/IDR trades -5 pips at 14,915, struggling to challenge the next

key support from Apr 30 low of IDR14,882. A break here is needed to reinstate

downside momentum, opening up the 100-DMA at IDR14,552. Bulls need a jump above

the 50-DMA at IDR15,328 before attempting a move at Apr 23 high of IDR15,598.

- Bank Indonesia Governor Warjiyo spoke at an online briefing today, after a

meeting of the Financial Stability Committee. He noted that policymakers

consider IDR "fundamentally undervalued" and will carry on with their

interventions, while pointing out to BI's ability to cut rates once financial

mkts stabilise.

- Meanwhile, FinMin Indrawati expressed concern over market destabilisation

brought about by the coronavirus outbreak. He said that capital outflows reached

IDR145.28tn in Q1, which is twise as much as during the last global crisis.

- worth adding that on Saturday Indonesia declared its largest daily increase in

new coronavirus cases, with the death count nearing 1,000.

- Indonesia's Q1 BoP current account balance hits the wires at the top of the

hour. Later in the week, focus turns to Friday's trade balance.